About Golden Life Plan

The Golden Life Plan is a life insurance plan that pays out a lump sum when you die. It could be paid to a family member or someone else that you’ve chosen. The premium depends on your age when you start the insurance cover, and remains the same throughout the term of your insurance.

You do not need to provide any evidence of good health. You just need to provide your details and confirm that you have not been diagnosed with any illness or disease that is expected to cause death within 12 months of the date of application.

Golden Life Plan is available to New Zealand citizens or permanent residents of New Zealand living in New Zealand.

Why You Need It

It’s important that your insurance remains affordable throughout your life, as well as providing you with security. In many life insurance plans, the premium rate rises each year. Golden Life is a “level premium” plan, which means premiums are the same each year throughout the contract. It provides certainty and simplicity. It is suitable for anyone from age 20 to 79 who wishes to leave a cash lump sum benefit on their death. This may be to pay off a debt or for their family.

The Golden Life Plan may be ideal for providing security if you have ongoing debts, such as a mortgage. It can also help to ensure there is money available after your death to pay for funeral expenses or any costs of looking after your estate. It could also provide money to assist with any family obligations such as education of children or grandchildren.

Disclaimer: This is a convenient summary of the key points of this insurance policy. It is not, and is not intended to be, a policy document. Details of definitions, benefits, standard exclusions/limitations, terms and conditions are contained in the official policy document which is available from your financial adviser. You should read the policy document carefully to make sure you understand exactly what cover is provided under each benefit. This document does not provide a personalised financial advice service.